Current Affairs - Finance - Discussion
Discussion Forum : Finance - Latest Current Affairs (Q.No. 1)
1.
By what percentage did SIDBI’s net profit increase in FY25 compared to FY24?
Answer: Option
Explanation:
SIDBI’s net profit for FY25 grew by 19.5%, reaching an all-time high of ₹4,811 crore compared to ₹4,026 crore in FY24. This strong performance reflects not only the bank’s ability to generate sustainable growth but also its focus on maintaining asset quality, with net NPAs at 0%. Alongside this, SIDBI expanded its loan portfolio, strengthened MSME support through digital and green finance initiatives, and improved total income and EPS. The 19.5% profit growth underscores SIDBI’s robust role in India’s MSME ecosystem and its strategic alignment with national development goals.
Discussion:
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